Mergers by Year
Bank Mergers in 2016
263 banks were acquired or merged into another institution in 2016, and 221 credit unions merged, according to the Federal Reserve's National Information Center (NIC). NIC recorded 655 merger records in 2016 against 766 in 2015.
263
Banks acquired
3 bought by a credit union
221
Credit unions merged
NIC, credit unions as the acquired side
133
Holding companies
Bank holding companies merged
Largest bank mergers of 2016
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 20, 2016 | Little River Bank | — | First Community Bank |
| Dec 17, 2016 | Security First Bank | — | Suncrest Bank |
| Dec 17, 2016 | First State Bank of Okabena (Incorporated) | — | Currie State Bank |
| Dec 15, 2016 | American Patriot Bank | — | Apex Bank |
| Dec 4, 2016 | Bancroft State Bank | — | The Portage County Bank |
| Dec 3, 2016 | American Trust Bank of East Tennessee | — | Citizens Bank |
| Dec 3, 2016 | First Choice Bank | — | Berkshire Bank |
| Dec 3, 2016 | Livingston State Bank | — | Community First Bank |
| Dec 3, 2016 | CSB Bank | — | Lakestone Bank & Trust |
| Dec 1, 2016 | TruBank | — | Trubank |
| Dec 1, 2016 | Acadia Trust, N.A. | — | Camden National Bank |
| Dec 1, 2016 | Ocean City Home Bank | — | OceanFirst Bank, N.A. |
| Nov 19, 2016 | First Community Bank | — | St. Charles Bank & Trust Company, N.A. |
| Nov 19, 2016 | Delta Bank, National Association | — | Farmers & Merchants Bank of Central California |
| Nov 15, 2016 | Bank of Keystone | — | Sandhills State Bank |
Credit union mergers in 2016
221 credit unions merged into another institution. NCUA 5300 asset figures are not loaded for 2016.
Every merger recorded in 2016
655 NIC merger records in 2016 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Nov 11, 2016 | Community First Bank | Equity Bank |
| Nov 11, 2016 | American Bank of Texas | First United Bank and Trust Company |
| Nov 11, 2016 | Arg Bradford Federal Credit Union | Mountain Laurel Federal Credit Union |
| Nov 11, 2016 | Sparta Union Bancshares, Inc. | River Holding Company |
| Nov 11, 2016 | North American Bancshares, Inc. | Spend Life Wisely Company, Inc. |
| Nov 11, 2016 | Wilburton State Bancshares, Inc. | First National Bank & Trust Company of McAlester |
| Nov 11, 2016 | Wallingford Municipal Federal Credit Union | Cornerstone Federal Credit Union |
| Nov 7, 2016 | The Central National Bank and Trust Company | Horizon Bank |
| Nov 7, 2016 | CNB Bancorp | Horizon Bancorp, Inc. |
| Nov 5, 2016 | Kilgore National Bank | VeraBank, N.A. |
| Nov 5, 2016 | Merrill Federal Savings and Loan Association | Crossbridge Community Bank |
| Nov 5, 2016 | State Bank in Eden Valley | Farmers and Merchants State Bank of Pierz |
| Nov 5, 2016 | Pulaski Bank National Association | Busey Bank |
| Nov 1, 2016 | High Point Bank and Trust Company | Bank of North Carolina |
| Nov 1, 2016 | FBC Bancorp, Inc. | Sunshine Bancorp, Inc. |
| Nov 1, 2016 | Florida Bank of Commerce | Sunshine Bank |
| Nov 1, 2016 | Thurston First Bank | Commencement Bank |
| Nov 1, 2016 | Tulip Cooperative Credit Union | Harborstone Credit Union |
| Nov 1, 2016 | High Point Bank Corporation | BNC Bancorp |
| Nov 1, 2016 | Culver City Employees Federal Credit Union | Glendale Federal Credit Union |
| Nov 1, 2016 | Board of Water Supply Federal Credit Union | Hawaiian Financial Federal Credit Union |
| Nov 1, 2016 | Cherry Employees Federal Credit Union | Orange County's Federal Credit Union |
| Nov 1, 2016 | Middconn Federal Credit Union | Dutch Point Credit Union |
| Nov 1, 2016 | A C Jaacks Credit Union | Illiana Financial Credit Union |
| Nov 1, 2016 | Ducote Federal Credit Union | Radifi Federal Credit Union |
| Nov 1, 2016 | Anchor Seven Federal Credit Union | Vystar Credit Union |
| Nov 1, 2016 | Indiana United Methodist Federal Credit Union | Christian Family Credit Union, Inc. |
| Nov 1, 2016 | High Plains Federal Credit Union | Pentagon Federal Credit Union |
| Nov 1, 2016 | Warden Captree Federal Credit Union | Consumers Federal Credit Union |
| Nov 1, 2016 | All Seasons Federal Credit Union | Indiana Members Credit Union |
| Nov 1, 2016 | Beech Island Credit Union | Peach State Federal Credit Union |
| Nov 1, 2016 | United Financial Credit Union | Credit Union of Southern California, a Federal Credit Union |
| Nov 1, 2016 | Deluxe Laboratories Federal Credit Union | Gain Federal Credit Union |
| Oct 31, 2016 | Bip Federal Credit Union | Members Credit Union |
| Oct 29, 2016 | Teton Banks | First Security Bank |
| Oct 29, 2016 | First Dalhart Bancshares, Inc. | WSB Bancshares, Inc. |
| Oct 29, 2016 | Layton State Bank | North Shore Bank |
| Oct 29, 2016 | First National Bank in Dalhart | Wellington State Bank |
| Oct 28, 2016 | Bergen Federal Credit Union | Public Service Federal Credit Union |
| Oct 27, 2016 | Bank of Caneyville | The Sacramento Deposit Bank |
| Oct 27, 2016 | Caneyville Bancshares, Inc. | Sacramento Bancorp |
| Oct 26, 2016 | Our Lady of Victory Institut Federal Credit Union | Erie Metro Federal Credit Union |
| Oct 26, 2016 | Communityone Bank, National Association | Capital Bank Corporation |
| Oct 26, 2016 | Communityone Bancorp | Capital Bank Financial Corp. |
| Oct 22, 2016 | Indiana Business Bank | State Bank |
| Oct 22, 2016 | ANB Nevada Group, Inc. | ANB Bancshares, Inc. |
| Oct 22, 2016 | Provincial Bank | Frandsen Bank & Trust |
| Oct 22, 2016 | Chicopee Savings Bank | Westfield Bank |
| Oct 22, 2016 | Manistee Federal Credit Union | Wmcu |
| Oct 22, 2016 | The Citizens National Bank of Athens | Simmons Bank |
Bank mergers by year
Source: Federal Reserve National Information Center (NIC) transformations, type "merger". A record counts when a bank, credit union or bank holding company is on at least one side. NIC also logs internal consolidations, such as a subsidiary bank folded into a sister bank, so a record is not always an arm's-length deal. Asset figures come from FFIEC call reports (banks) and NCUA 5300 call reports (credit unions). Credit union mergers appear in the NIC records from 2013 on.
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